The U.S. President-elect's administration is considering the commodity trading authority to take over the crypto regulations.
The founder's comments are part of a wider debate regarding meme coin creators boosting low-cap altcoins with extreme and risky stunts.
Electricity shortages have caused problems for many economies, limiting Russia's AI ambitions, although the country has cut on the energy-consuming crypto mining in some areas. Crypto mining activities and AI data centers are reportedly consuming huge amounts of energy as well as water to cool servers.
The UK's Economic Secretary to the Treasury has said the Digital Securities Sandbox is set to help facilitate the adoption of distributed ledger technology across capital markets.
The CFTC's altered role could include regulating crypto exchanges and spot markets dealing with digital assets deemed commodities, such as bitcoin and ethereum.
The combined market capitalization of L2 coins and tokens is on an upward trend. After months of stagnant trading, L2 tokens are regaining value.
Vanilla Finance's pre-seed investment round marks the beginning of a transformative journey in the cryptocurrency trading space.
Iran's Central Bank is preparing to launch its own central bank digital currency (CBDC), called the Digital Rial, to modernize its banking infrastructure and enhance financial operations, according to local media reports. Central Bank Governor Mohammad Reza Farzin revealed the plans on Nov. 25 at the 11th Annual Conference on Modern Banking and Payment Systems.
Donald Trump's incoming administration has plans to hand over most of the crypto industry's regulatory power to the Commodity Futures Trading Commission (CFTC). This is a direct move to strip the Securities and Exchange Commission (SEC) of its grip on the $3 trillion crypto market—a market that's been stuck in a regulatory disaster for years.
Trump administration aims to enhance CFTC crypto oversight, reducing SEC's role in the $3 trillion digital asset market regulation. The post Trump administration proposes shifting crypto oversight to CFTC appeared first on Crypto Briefing.
Bitwise Asset Management has filed a proposal with the U.S. Securities and Exchange Commission (SEC) for a joint Bitcoin-Ethereum exchange-traded fund (ETF). If approved, the ETF will give investors exposure to the two largest cryptocurrencies without requiring them to hold the assets directly.
Morocco is advancing legislation to regulate cryptocurrencies, according to the governor of the country's central bank.
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.
The incoming Trump administration wants to expand the power of the CFTC by granting it oversight of a significant portion of the $3 trillion digital asset market.
More and more analysts bring up a potential altseason.
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.
A closely followed trader in the crypto space says there may be opportunities for select altcoins once Bitcoin (BTC) stabilizes. Pseudonymous analyst The Flow Horse tells his Telegram subscribers that the more liquid altcoins within the top 100 could present good entry points for bulls after their 50% dips.
Barclays analysts have issued a cautionary note regarding the current state of the cryptocurrency market, suggesting signs of a potential “bubble” after cryptocurrency prices surged to the point the space's total market capitalization is now at $3.2 trillion.
Telegram's total cryptocurrency holdings hit $1.3 billion in the first half of 2024, which was $400 million at the end of the year 2023. This growth was fueled by Toncoin sale and some other financial activities highlighted the company as one of the major players in the digital asset ecosystem.
The U.S. Treasury Department's researchers were watching out for crypto risks, but they found digital assets enthusiasts with otherwise low incomes were buying homes in recent years at a high rate. The high-crypto, poor areas have apparently used crypto gains to obtain mortgages and car loans, the Office of Financial Research found, but the delinquency rates on the debt have been low.
Crypto.com has been announced as the title sponsor for the upcoming Crypto.com Showdown, a professional golf tournament featuring a prize purse paid entirely in cryptocurrency. The event, scheduled for Dec.
DC Fintech Week Founder and Georgetown University Professor Chris Brummer discusses Trump's pledge to make US a crypto epicenter. He speaks with Sonali Basak and Tim Stenovec on "Bloomberg Crypto.
Crucible Capital General Partner Meltem Demirors says MicroStrategy is valuable because it is a leveraged play on Bitcoin. She also says she's keeping an eye on Schwab and Vanguard entering the crypto industry in an interview with Sonali Basak and Tim Stenovec on "Bloomberg Crypto.
A handful of cryptocurrency-linked exchange-traded funds that simply track Bitcoin have attracted billions in fresh demand since the election. Bloomberg's Emily Graffeo discusses the likeliness of more altcoin ETFs and demand for crypto products.
The partnership utilizes Google Cloud's “Confidential Space” virtual machine service to secure transactions and meet compliance standards.
The Crypto.com Showdown will be the first ever major golf tournament with a multimillion dollar purse to be paid in CRO cryptocurrency.
The FCA, a British financial authority, released statements and a roadmap for finalizing comprehensive crypto regulations by 2026. The FCA's operations in this sector will significantly increase in the first half of 2025.
The meme coin market experienced a tremor following Binance founder Changpeng Zhao's (CZ) public expression of concern regarding the current state of these tokens. CZ's tweet, characterizing the direction of meme coins as “weird,” appeared to spook investors, contributing to widespread declines in the sector.
Kraken has announced the shutdown of its NFT marketplace to redirect resources toward new initiatives.
Starting Nov. 27, Kraken's NFT marketplace will transition to withdrawal-only mode.
Binance's approach to meme coin listings is a crypto community conversation which is now joined by the former CEO Changpeng Zhao. CZ has voiced concerns about overemphasizing meme coins.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Stefano Pascale, Barclays equity derivatives strategy head, joins CNBC's 'The Exchange' to discuss market outlooks.
Centralized exchange Kraken will discontinue its NFT marketplace to allocate resources to upcoming projects. Users can no longer list, bid, or sell items after November 27, 2024.
Changpeng Zhao urges focus on real blockchain applications, moving away from meme coins. The post Changpeng Zhao urges focus on real blockchain apps over meme coin hype appeared first on Crypto Briefing.
American crypto trading platform Kraken has decided to shut down its Non-Fungible Token (NFT) marketplace. In a personal message circulating on X, the exchange informed some of its users holding NFT of the sunset plans.
Fairshake PAC, the crypto industry's political powerhouse, has built a war chest of over $103 million to sway the 2026 midterm elections. The figure, confirmed by Fox Business journalist Eleanor Terrett, includes new contributions from Ripple, Coinbase, a16z, and leftover funds from the previous election cycle.
U.S. Attorney Damian Williams, responsible for prosecuting Sam Bankman-Fried and other high-profile cases, announced his resignation on November 25. His departure sets the stage for a new leader in the Southern District of New York, with Edward Y. Kim set to take over. The post Damian Williams, U.S. Attorney Behind SBF Conviction, to Resign appeared first on Cryptonews.
Anthony Scaramucci opined on President-elect Donald Trump‘s successful election bid, analyzed the results and their implications for crypto policy. What Happened: In a recent episode of The Scoop podcast with Frank Chaparro, the former White House Communications Director pointed to Vice President Kamala Harris's loss as a consequence of economic concerns and unreliable polling, calling Trump's narrow win "the greatest political comeback in U.S. history.
The digital rial is being developed for retail purposes so far, but the integration of Iranian payment systems with Russia may foil US sanctions.
CZ said he is not trying to end meme coins but is advocating for builders to create more real blockchain applications, not meaningless tokens.
Binance co-founder CZ condemns the wild turn in memecoin culture as creators push boundaries, calling for a return to real blockchain utility.
URO and RIF were heavily promoted DeSci tokens, which turned out to be a creation on Pump.fun. The Pump Science team claimed its wallet key pair was exposed through GitHub, allowing the attacker to generate a legitimate-looking URO token and perform a rug pull.
As November progresses, the cryptocurrency market is alive with potential. Bitcoin is nearing its historic high of $100,000, while Ethereum is showing signs of a major breakout.
Kraken's NFT marketplace will enter withdrawal-only mode on Nov. 27 and completely shut down on Feb. 27, 2025.
A widely followed analyst is suddenly turning bullish on the native token of the modular blockchain network. The analyst pseudonymously known as Pentoshi tells his 824,900 followers on the social media platform X that Celestia (TIA) may soar about 100% from its current value.
Blockaid, an on-chain security platform with partners including Coinbase, Stellar, and Metamask, has announced its integration with World App, the self-custody wallet of World Network. This integration aims to enhance security for World App users and developers.